I have heard through a friend that re-patriating funds received by a corporation operating in China may be difficult. If true, then VELA may have a problem taking care of issues within it's holding company structure outside of China.
Do you have any idea as to the validity of this statement?
If this is the case then VELA may be doing well in China with CM Mobile but cannot use the funds it makes anywhere else. These kind of things relate to trade laws and the affect they have on businesses outside the USA. My past impression is the restrictions in Hong Cong have been lax but this may have changed since China took control.
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